U.S. weekly jobless claims number was better than expected, while durable goods orders data and second-hand housing sales data in August, and second quarter GDP data were all worse-than-expected. Spain announced a new round of austerity measures amid protests. Energy sector went higher Thursday, and three major stock indexes rallied today. These stocks followed the upside trend and made big gains today:
IFM Investments Limited (CTC) stock price made its way up 52.31%, or $0.68, to $1.98, leading the top stocks Tursday. The intraday volume was 434,523 shares, topping the average daily trading volume of 26,720 shares. In the after-hours trading session, CTC stock price slid 1.52%. After seeing the big day following last day’s whopping gain of 18.18%, IFM Investments stated that its policy not to comment on unusual market activity. CTC stock has a 52-week range between $0.87 and $4.32. IFM Investments has a market cap of $29.38.
AspenBio Pharma, Inc. (APPY) stock price jumped 48.91%, or $0.90, to $2.74, with 2.31 million shares traded, far more than the average daily trading volume of 109,409 shares. The stock kept moving up 5.84% in the after-hours trading session. The life science capital markets advisory and strategic communications company announced its four members of the nine-member board are stepping down amid the diagnostic-product developer’s increased focus on its lead-product candidate. AspenBio Pharma also announced its sponsorship at the 2012 Aegis Healthcare Conference.APPY stock traded between $1.18 and $20.94 over the past 52 weeks. AspenBio Pharma has a market cap of 21.14 million.
Oil and natural gas producer Royale Energy Inc. (ROYL) came in as one of the top stocks Tursady, with a robust gain of 32.92%, or $1.07, to settle at $4.32, after the company said to develop nearly 100,000 acres of land adjacent to Great Bear’s acreage, where is said has oil reserve. The intrady volume reached 6.44 million shares, well above the average daily volume of 196,373 shares. ROYL fluctuated between the range of $1.73 to $6.98, over the past 52 weeks. Royale Energy has a market cap of $48.06 million.
Ultrapetrol (Bahamas) Limited (ULTR) is engaged in providing marine transportation for multiple commodities. The shipping company announced that it has received notification from The Nasdaq Stock Market that it has regained compliance with the $1.00 per share minimum bid price requirement for continued listing on the stock exchange. Following the good news, ULTR stock price bubbled 15.60%, or $0.22, to $1.63, on a volume of 151,519 shares, but below the average daily trading volume of 263,436 shares. ULTR stock traded between $0.64 and $3.54 over the past 52 weeks. The company has a market cap of $48.92 million.
Helios & Matheson Information Technology Inc (HMNY), a provider of information technology services, saw its share price rising 15.0%, or $0.30 to $2.30, on an extremelyextremely light volume of 1282 shares, half of the average daily trading volume of 2,338 shares. The stock has a 52-week range between $0.74 and $7.00. Based on the latest closing price, market cap of the company only reached $4.66 million.